A look at the rise of $5B+ unicorns, which make up 13% of ~1,600 unicorns but hold $3.5T of $6T total valuation; 17 startups joined the $5B+ club in H1 2025 (Gené Teare/Crunchbase News)

Gené Teare / Crunchbase News:
A look at the rise of $5B+ unicorns, which make up 13% of ~1,600 unicorns but hold $3.5T of $6T total valuation; 17 startups joined the $5B+ club in H1 2025  —  Editor's note: This article is part of a series looking at how the venture and startup landscape has evolved over the past 10 years.

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